GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Investor Loses $1.13 Billion On Bear Stearns

Vendot · 03-18-2008, 04:29 PM

http://www.bloomberg.com/apps/news?p...=patrick. net

The top investor, Joseph Lewis (a fellow Londoner), lost $1.13 Billion after paying $107 per share and buying 9.7% of the bank. He lost half his fortune.

There's no UK equivalent for the US expression "well dayum" but.... if ever there was a justification for diversification, this is it!

03-18-2008, 04:29 PM
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	Investor Loses $1.13 Billion On Bear Stearns http://www.bloomberg.com/apps/news?p...=patrick. net The top investor, Joseph Lewis (a fellow Londoner), lost $1.13 Billion after paying $107 per share and buying 9.7% of the bank. He lost half his fortune. There's no UK equivalent for the US expression "well dayum" but.... if ever there was a justification for diversification, this is it! __________________ "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell Last edited by Vendot; 03-18-2008 at 04:32 PM..